USA Bombs Libya

Discussion in 'Wall St. News' started by marketsurfer, Mar 19, 2011.

  1. After first round of strike, Libya motivated to show the "atrocity", 48 people dead. Apparently the strike is not effective. The war may protract and impact on the market is going to longer than people thought.
     
    #21     Mar 19, 2011
  2. Just remember... at the high "elite", money is hot chicks between 15 and 30. They are the scarcist resource on planet earth.
     
    #22     Mar 19, 2011


  3. Don't you want cheaper gasoline......huh ?
     
    #23     Mar 21, 2011
  4. Whatever we may think about the Gaddafi regime, we must recognize that this is a coup d’etat in a foreign country. What moral right do we have to initiate military action against Libya? Libya has not attacked the United States. Neither the coup leaders nor the regime pose an imminent threat to the United States and therefore, as much as we abhor violence and loss of life, this is simply none of our business.

    In the 1990s we established “no fly” zones and all manner of sanctions against Saddam Hussein’s regime in Iraq in attempt to force him from power. When that did not work — at a high cost in Iraqi lives — the US ultimately went to war to achieve these ends.

    As many in the administration, Congress, and elsewhere clamor for the president to initiate military action to support those seeking to overthrow the Libyan regime, Congress sits by, as usual, pretending that Article I, Section 8 of the US Constitution does not exist. According to this long-ignored section, ‘‘The Congress shall have Power To declare War, grant Letters of Marque and Reprisal, and make Rules concerning Captures on Land and Water.”

    This is black letter law, not some aspirational statement by our Founders. Their intent was indisputably clear: Congress alone, not the Executive Branch, has the authority and the obligation to declare war if hostilities are to be initiated against a foreign state that has not attacked the United States.

    Let us be clear about one thing: for the US to take action to establish a “no fly” zone over all or part of Libya would constitute an act of war against Libya. For the US to establish any kind of military presence on the sovereign territory, waters, or over the airspace of Libya is to engage in a hostile action that requires Congressional authorization.

    - Ron Paul (Paraphrased)
     
    #24     Mar 21, 2011
  5. rew

    rew

    Nobel Peace price winner Obama gets us into another war. Oh joy. Look at those hordes of progressives protesting the man's war policy -- Oh wait, he's a black Democrat, so he gets a pass.
     
    #25     Mar 21, 2011
  6. Larson

    Larson Guest

    Good chance of the draft being revived.
     
    #26     Mar 21, 2011
  7. olias

    olias

    Now I know that Ron Paul is an idiot or just a political opportunist. Either way I don't care what he has to say from now on
     
    #27     Mar 21, 2011
  8. “You have proven to the world that you are not civilized, that you are terrorists — animals attacking a safe nation that did nothing against you,” Gadhafi said in a televised speech.
     
    #28     Mar 21, 2011
  9. pupu

    pupu

    Markets seems ecstatic about it

    Let's see how it plays out once Khadafi's terror squads start blowing up targets in large western cities. But then again, who am I kidding, Stocks will go higher based on the expectation of QE3 and more investments to 'rebuild the ruins'.
    He has Chemicals too
    Meanwhile the revolution in Egypt is turning out great with the Islamic brotherhood the only viable party for the coming elections.
     
    #29     Mar 21, 2011
  10. Larson

    Larson Guest


    At leastRon Paul seved in the Air Force, unlike the questionable clown (Obama) in charge.
     
    #30     Mar 21, 2011